CONTROL BIONICS LIMITED — Share Issue/Capital Change 2024

May 12, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

CONTROL BIONICS LIMITED

Date of this announcement

Monday May 13, 2024

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Corporate advisor 10c options	1,000,000	13/05/2024
to be confirmed
New class - code	Corporate advisor 15c options	1,000,000	13/05/2024
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

CONTROL BIONICS LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 45115465462

1.3 ASX issuer code

CBL

1.4 The announcement is

New announcement

1.5 Date of this announcement

13/5/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Issue of options as part consideration of corporate advisory fees to Lynx Advisors Pty Ltd

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

New +securities

ASX +security code +Security description New class - code to be confirmed Corporate advisor 10c options +Security type ISIN code Options Date the +securities the subject of this notification were issued 13/5/2024 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://announcements.asx.com.au/asxpdf/20240513/pdf/063hn3lps088vr.pdf

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.10000000	13/5/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

CBL : ORDINARY FULLY PAID

Any other information the entity wishes to provide about the +securities the subject of this notification

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

See ASX announcement -13 May 2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Issue details

Number of +securities

1,000,000

Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00010000

Purpose of the issue To pay for services rendered Additional Details

New +securities

ASX +security code New class - code to be confirmed	+Security description Corporate advisor 15c options
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued

13/5/2024 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://announcements.asx.com.au/asxpdf/20240513/pdf/063hn3lps088vr.pdf

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.15000000 13/5/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

CBL : ORDINARY FULLY PAID

Any other information the entity wishes to provide about the +securities the subject of this notification

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

See ASX announcement -13 May 2024

Issue details

Number of +securities 1,000,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00010000 Purpose of the issue To pay for services rendered Additional Details

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
CBL : ORDINARY FULLY PAID	170,681,530

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
CBLAF : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	967,720
CBLAK : OPTION EXPIRING 10-AUG-2028 EX $0.095	724,459
CBLAH : OPTION EXPIRING 08-SEP-2027 EX $0.22	365,636
CBLAL : OPTION EXPIRING 11-OCT-2028 EX $0.095	315,789
CBLAI : OPTION EXPIRING 19-JAN-2028 EX $0.1637	2,000,000
New class - code to be confirmed : Corporate advisor 10c options	1,000,000
New class - code to be confirmed : Corporate advisor 15c options	1,000,000

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

2,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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